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</div></div></div><p><span style="font-weight: 400;">In the past 24 hours, the price of Ethereum has dropped by 2% </span><a href="https://www.geckoterminal.com/eth/pools/0x88e6a0c2ddd26feeb64f039a2c41296fcb3f5640"><span style="font-weight: 400;">trading at $2,552</span></a><span style="font-weight: 400;"> as of 03:18 a.m. EST, with trading volume increasing by 32% to reach $18.7 billion.</span></p>
<p><span style="font-weight: 400;">This decline follows remarks from crypto influencer Ben Armstrong, also known as Bitboy Crypto, who believes that XRP might surpass Ethereum in market capitalization by 2025. BitBoy referenced XRP’s impressive surge in 2018 when it became the second-most valuable cryptocurrency, relegating ETH to third place.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="9.6733668341709">
<p lang="en" dir="ltr">In 2018, <a href="https://twitter.com/search?q=%24XRP&src=ctag&ref_src=twsrc%5Etfw">$XRP</a> already flipped Ethereum once. And in 2025, it's going to happen again. Get ready for the next bull run. <a href="https://twitter.com/search?q=%24XRP&src=ctag&ref_src=twsrc%5Etfw">$XRP</a> Army knows what's coming.</p>
<p>— The BitBoy (@BenArmstrongsX) <a href="https://twitter.com/BenArmstrongsX/status/1848483893109821581?ref_src=twsrc%5Etfw">October 21, 2024</a></p></blockquote>
<h2>Ethereum Price Seeks Bullish Trend Reversal</h2>
<p><span style="font-weight: 400;">Ethereum has experienced a downward trend throughout October, with bearish forces taking over at the $2,685 resistance level, causing ETH to retreat to the $2,351 support level and forming a rounding bottom pattern, based on insights from </span><a href="https://www.geckoterminal.com/eth/pools/0x88e6a0c2ddd26feeb64f039a2c41296fcb3f5640"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">. </span></p>
<p><span style="font-weight: 400;">Following this, ETH underwent another correction from the resistance region, resulting in it trading below both the 50-day and 200-day Simple Moving Averages (SMAs).</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is currently at approximately 37.40, which is slightly above the oversold threshold (below 30). While this does not indicate overbought conditions, it hints at the asset's relative weakness, yet it retains potential for upward movement if buying interest increases.</span></p>
<p><span style="font-weight: 400;">The technical indicators on the chart present a positive outlook, backed by the golden cross at $2,508, alongside a potential rounding bottom pattern proposing upward momentum. The low RSI allows space for growth before entering overbought conditions.</span></p>
<p><span style="font-weight: 400;">Should the trend strengthen, Ethereum could see significant gains as bulls set their sights on the $3,000 target.</span></p>
<figure id="attachment_590988" aria-describedby="caption-attachment-590988" style="width: 1167px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-590988">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49.png.webp 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-300x143.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-1024x487.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-768x365.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-130x63.png.webp 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-104x50.png.webp 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-83x40.png.webp 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49.png" alt="Ethereum Price Chart Analysis Source: GeckoTerminal.com" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WETH_2024-10-24_10-18-49-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
</picture>
<figcaption id="caption-attachment-590988" class="wp-caption-text">ETHUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">Conversely, if bearish sentiment prevails, Ethereum's price may fall to the $2,400 support level, which could serve as a strong buffer against further declines.</span></p>
<p><span style="font-weight: 400;">As Ethereum bulls strive for a strong rally, investors seeking fresh opportunities might want to explore an emerging meme coin ICO named </span><span style="font-weight: 400;">Flockerz (FLOCK)</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">99Bitcoins, a well-known YouTube crypto channel boasting over 706K subscribers, speculates that $FLOCK could potentially skyrocket 100X post-launch.</span></p>
<noscript></noscript>
<h2>Flockerz Secures Over $1 Million In Successful Presale</h2>
<p><span style="font-weight: 400;">Flockerz</span><span style="font-weight: 400;"> features a groundbreaking decentralized community model, enabling holders to steer the project's future via a distinct vote-to-earn (V2E) system. </span></p>
<p><span style="font-weight: 400;">This initiative empowers the community and rewards active members, fostering a vibrant and engaged ecosystem.</span></p>
<p><span style="font-weight: 400;">At its core, Flockerz is structured around a decentralized autonomous organization (DAO) named Flocktopia, where each holder's perspective carries weight. </span></p>
<p><span style="font-weight: 400;">Whenever a new proposal arises, members of The Flock can vote and be rewarded for their participation.</span></p>
<p><span style="font-weight: 400;">To take part in the voting, users must </span><span style="font-weight: 400;">purchase $FLOCK tokens</span><span style="font-weight: 400;">. The more tokens you hold, the greater your voting power. </span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="5.3925925925926">
<p lang="en" dir="ltr">The flock is soaring! We've officially surpassed $300K! <a href="https://t.co/MsLc5PeoyX">pic.twitter.com/MsLc5PeoyX</a></p>
<p>— Flockerz (@FlockerzToken) <a href="https://twitter.com/FlockerzToken/status/1840049282889724227?ref_src=twsrc%5Etfw">September 28, 2024</a></p></blockquote>
<p><span style="font-weight: 400;">In addition to V2E rewards, users can gain passive earnings through the platform's </span><span style="font-weight: 400;">staking system</span><span style="font-weight: 400;">, which offers an impressive annual yield of 1,657%.</span></p>
<p><span style="font-weight: 400;">Investors looking to join the presale can </span><span style="font-weight: 400;">head to the official Flockerz website to acquire FLOCK tokens</span><span style="font-weight: 400;"> at $0.0058394 each, using BNB, ETH, USDT, or a credit card. </span></p>
<p><span style="font-weight: 400;">Hurry and buy before the price rises in less than 22 hours to lock in the best offer.</span></p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>XRP Could Flip ETH as New V2E Coin Flockerz Tops $1 Million[embed]https://www.youtube.com/watch?v=o0OSkCqnm9k[/embed]
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